Hassan II Great World Water Prize Awarded to Organization for Development of Senegal River

Algeria: Bouteflika to appoint Vice-President to aid in country’s management if elected

President Abdelaziz Bouteflika is planning to appoint a Vice-President to help him rule the country due to his physical inability should he win April presidential elections for a fifth term in office. The appointment would take place should the Algerian leader win the April election for which he announced his candidacy last week.   Official […]

Saudi investment company in Egypt to acquire 25 per cent of fertilizer giant MOPCO

The recently launched Saudi-Egyptian Investment Company (SEIC) is set to acquire 25 per cent of stakes in Egyptian fertilizer giant Misr Fertilizers Production Company (MOPCO) for an unrevealed amount. The deal, Arab Finance reports citing a source who asked not be named, might have been executed Tuesday or it would be carried out this Wednesday […]

AfDB launches $1bn fund to boost access to climate finance for Africa’s youth

Almost $1 billion will be disbursed by the African Development Bank (AfDB) to young entrepreneurs to help tackle climate change on the continent, AfDB President Akinwumi Adesina announced, noting that failing to invest in the youth will hurt Africa. In an effort to combat climate change, the AfDB and the Global Centre on Adaptation (GCA) […]